Census Bureau: Tips on How to Resolve AES Fatal Errors When a shipment is filed to the AES, a system response message is generated and indicates whether the shipment has been accepted or rejected. If the shipment is accepted, the AES filer receives an Internal Transaction Number (ITN) as confirmation. However, if the shipment is rejected, a Fatal Error notification is … [Read more...]
$3.5 Million Fine for Illegal Exports to Multiple Countries
$3.5 Million Fine for Illegal Exports to Multiple Countries The U. S. Department of Commerce - Bureau of Industry and Security (BIS) imposed a $3.5 million penalty on Streit USA (South Carolina), Streit Group (UAE), Streit Middle East (UAE), and two corporate officers. They sold U.S. -origin vehicles retrofitted with ballistic steel and bullet proof glass to various … [Read more...]
AES: Reporting Consolidated Shipments
AES: Reporting Consolidated Shipments The first step is to determine how many AES transactions to file. Is there one shipment or multiple? In other words, will one ITN (Internal Transaction Number) be needed or more? The “One Rule” will help us figure this out. According to the “One Rule,” filing is required if goods are shipped: from ONE USPPI (U.S. … [Read more...]
OFAC – $1.7 Million Penalty Against Bank for Processing Transactions for Sanctioned Entity
OFAC - $1.7 Million Penalty Against Bank for Processing Transactions for Sanctioned Entity The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced a $1,700,100 settlement with UBS AG (UBS) - financial institution headquartered in Switzerland. UBS agreed to settle its potential civil liability for 222 apparent … [Read more...]
USPPI Responsibilities – Checklist
USPPI Responsibilities - Checklist Here is a checklist that will assist as a tool for establishing procedures and collecting information to ensure that your organization complies with all FTR’s and other government regulations: Did I check to see if any of the goods have the proper licenses? Are any products on the U.S. Munitions List (USML)? If yes, does this … [Read more...]